President attends the 10th Anniversary Ceremony of VSIP Quang Ngai Industrial Park

President Vo Van Thuong gave a speech at the ceremony.

Also attending were Politburo member, Party Central Committee Secretary, Chief Justice of the Supreme People's Court Nguyen Hoa Binh ; Party Central Committee members: Vice Chairman of the National Assembly Tran Quang Phuong, Deputy Prime Minister Tran Hong Ha, Head of the Office of the President Le Khanh Hai and Secretary of the Quang Ngai Provincial Party Committee Bui Thi Quynh Van. Also attending were Singaporean Ambassador to Vietnam Jaya Ratnam and representatives of leaders of a number of departments, ministries, branches and localities.
VSIP Quang Ngai Industrial Park, Urban Area and Service Project is the 5th project of VSIP Group, officially broke ground on September 13, 2013. This is the first project with VSIP brand in Central Vietnam, contributing to attracting domestic and foreign investment capital as well as creating jobs for people in Central Vietnam in general and Quang Ngai province in particular.

Up to now, VSIP Quang Ngai Industrial Park has 39 registered investment projects, with a total registered investment capital of about 1 billion USD. Of which, there are 34 foreign direct investment (FDI) projects of investors from countries such as the US, Japan, Thailand, Belgium, China, Singapore... focusing on fields such as textiles, footwear, supporting industries for automobile manufacturing, medical equipment... Currently, there are 26 projects that have come into operation and have contributed to the socio-economic development of the province.

Deputy Prime Minister Tran Hong Ha presented the Prime Minister's Decision on investment policy for VSIP II Quang Ngai Industrial Park project (phase 1)

Speaking at the ceremony, Permanent Vice Chairman of the Provincial People's Committee Tran Hoang Tuan stated that after 10 years of investment and infrastructure development according to the standards of a professional, green and environmentally friendly industrial park, VSIP Quang Ngai Industrial Park has become a trusted address for investors, and at the same time become an important highlight, an effective link between Dung Quat Economic Zone and Quang Ngai City of Quang Ngai province.
This is also a bright spot in attracting investment capital to the province, especially attracting FDI projects, creating jobs for tens of thousands of workers, mainly local workers, contributing to creating jobs, stabilizing people's lives, and at the same time supporting Dung Quat Economic Zone and Quang Ngai Industrial Parks to operate more effectively.
On behalf of the leaders of Quang Ngai province, comrade Tran Hoang Tuan expressed his gratitude to the leaders of the Party, State, Government, the support of central ministries and branches, and the consensus and sharing of the people in the project area who relocated their houses and gave up their land so that the project could be implemented smoothly and successfully. He also thanked Becamex Binh Duong for allocating quality human and material resources for VSIP Quang Ngai to develop remarkably over the past 10 years.
Based on the success of the VSIP Quang Ngai Industrial Park, Urban Area and Service Project, the VSIP II Quang Ngai Industrial Park project has been approved for investment by the Prime Minister. The Standing Vice Chairman of the Provincial People's Committee hopes that the VSIP II Quang Ngai Industrial Park project will make significant contributions to the socio-economic development of the province.

Provincial Party Secretary Bui Thi Quynh Van and Head of Dung Quat Economic Zone Management Board and Quang Ngai Industrial Parks Ha Hoang Viet Phuong presented Investment Registration Certificates to investors.

The Standing Vice Chairman of the Provincial People's Committee emphasized that, with the viewpoint of "Considering the success of investors and enterprises as the success of the province", enterprises are the objects of service of state agencies; Quang Ngai province will continue to improve the province's competitiveness so that the province's business environment is truly open, transparent, dynamic, and an attractive destination for the business community and domestic and international investors.
At the ceremony, President Vo Van Thuong highly appreciated the successes of VSIP Quang Ngai over the past 10 years. This is a meaningful event, on a national level, showing that the pillar of trade and investment cooperation between Vietnam and Singapore has developed well, continuing to create a good impression on the occasion of the 50th anniversary of diplomatic relations and 10 years of the Vietnam - Singapore Strategic Partnership.
At the local level, this event marks the success of a persistent policy of shifting the economic structure towards industry as the spearhead; at the same time, it opens a new development stage, bringing opportunities for Quang Ngai province to attract investors, continuing to promote the socio-economic development of the province in the coming time.
The President expects that in the next 10 years, the number of investors and investment capital will increase, and the added value of VSIP will increase. Entering a new phase, VSIP will not only develop industry but also high-tech industry with high added value towards innovation and creativity; increasing income for workers.
President Vo Van Thuong hopes that the leaders of Quang Ngai in particular and the leaders of localities across the country in general should consider that "The success of investors is the success of the state in policy management, and at the same time, the failure of investors is also the failure of the state in economic development policy management".
With that spirit, all levels from central to local need to attach importance to administrative reform, improve the investment environment, so that investors can feel secure with the investment environment to develop, bring higher value, in order to realize the aspiration that the entire Party, the entire people, the entire army are striving to achieve, which is to strive by 2045, our country will become a developed country with high income.

VSIP Quang Ngai awarded 50 scholarships to poor students who overcame difficulties in Son Tinh and Binh Son districts.

At the ceremony, Deputy Prime Minister Tran Hong Ha presented Decision No. 1664 dated December 22, 2023 of the Prime Minister on the investment policy of the VSIP II Quang Ngai Industrial Park Infrastructure Investment and Business Project (phase 1), belonging to Dung Quat Economic Zone, to the investor.
Accordingly, VSIP II Quang Ngai Industrial Park has a scale of nearly 498 hectares in the area of Binh Hiep and Binh Thanh communes (Binh Son), with a total investment capital of 3,737 billion VND, of which the investor's capital contribution is more than 560 billion VND.
On this occasion, the People's Committee of Quang Ngai province also granted investment registration certificates to four new investment projects and two expansion investment projects at VSIP Quang Ngai Industrial Park. VSIP Quang Ngai also awarded 50 scholarships to poor students in Son Tinh and Binh Son districts.

AS BRONZE

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